Kampong Bharu Development Corporation Act 2011 s 36
Kampong Bharu Development Corporation Act 2011 s 36
s 36 Expenditure to be charged on the Fund
The Fund may be expended for the following purposes:
(a) paying any expenditure lawfully incurred by the Corporation, including fees and costs;
(b) paying the remuneration, allowances, benefits and other expenses of the members of the Corporation, members of the committees, members of the Advisory Board and employees of the Corporation;
(c) purchasing or hiring equipment, machinery and any other materials, acquiring land and any assets, and carrying out any other works and undertakings in the performance of its functions and in the exercise of its powers;
(d) repaying any moneys borrowed under this Act and the interest due on the borrowed moneys;
(e) granting loans, scholarships and advances to its employees; and
(f) generally, paying any expenses for carrying into effect the provisions of this Act.
Malay text (authoritative)
Perbelanjaan yang hendaklah dipertanggungkan pada Kumpulan Wang
Kumpulan Wang hendaklah dibelanjakan bagi maksud yang berikut:
(a) membayar apa-apa perbelanjaan yang dilakukan secara sah oleh Perbadanan, termasuk fi dan kos;
(b) membayar saraan, elaun, faedah dan belanja lain anggota Perbadanan, anggota jawatankuasa, anggota Majlis Penasihat dan pekerja Perbadanan;
(c) membeli atau menyewa kelengkapan, jentera dan apaapa bahan lain, memperoleh tanah dan apa-apa aset, dan menjalankan apa-apa kerja dan usaha lain dalam pelaksanaan fungsinya dan penjalanan kuasanya;
(d) membayar balik wang yang dipinjam di bawah Akta ini dan bunga yang kena dibayar atas wang yang dipinjam itu;
(e) pemberian pinjaman, biasiswa dan wang pendahuluan kepada pekerjanya; dan
(f) secara amnya, membayar apa-apa belanja bagi melaksanakan peruntukan Akta ini.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).